@Blickers,
Quote:But if things continue in this chaotic fashion in Washington, it will affect the confidence other countries and foreign individuals have in buying our government securities which finance our debt.
Aaah, Blinkers, I hate to break this to ya at this time of the season, but quantitative easing was put in place because nobody was interested in US treasury bonds after the ponzi scheme was exposed in 2007-8 GFC.
The fed has been selling those bonds at a cut rate to wall street, then buying them back, to keep the show rolling. Not sure what they're going to do with those bonds, but they don't "mature" for a while, and those dicks on the board of the fed will be dead by then.
It's called kicking the can down the road a ways, and it's been the modus operandi for a while now.